QRG Capital Management Inc. Has $7.76 Million Stake in Honda Motor Co., Ltd. (NYSE:HMC)

QRG Capital Management Inc. increased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 0.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 251,168 shares of the company’s stock after purchasing an additional 2,258 shares during the period. QRG Capital Management Inc.’s holdings in Honda Motor were worth $7,764,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its stake in Honda Motor by 1.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 18,082 shares of the company’s stock worth $608,000 after purchasing an additional 315 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Honda Motor by 1.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 20,162 shares of the company’s stock valued at $623,000 after buying an additional 326 shares during the period. Lodestone Wealth Management LLC boosted its stake in shares of Honda Motor by 5.9% during the 4th quarter. Lodestone Wealth Management LLC now owns 6,778 shares of the company’s stock valued at $210,000 after buying an additional 375 shares during the period. Kovitz Investment Group Partners LLC boosted its stake in shares of Honda Motor by 1.0% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 40,601 shares of the company’s stock valued at $1,366,000 after buying an additional 414 shares during the period. Finally, Vestmark Advisory Solutions Inc. boosted its stake in shares of Honda Motor by 1.4% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 32,499 shares of the company’s stock valued at $1,093,000 after buying an additional 443 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Trading Down 0.5 %

Shares of NYSE:HMC traded down $0.16 during trading on Friday, reaching $33.78. 1,069,734 shares of the company traded hands, compared to its average volume of 897,996. The firm has a fifty day simple moving average of $35.60 and a 200 day simple moving average of $33.38. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.44. Honda Motor Co., Ltd. has a 1-year low of $27.22 and a 1-year high of $37.90.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Friday, February 9th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21. The business had revenue of $36.50 billion for the quarter, compared to the consensus estimate of $37.68 billion. Honda Motor had a net margin of 5.05% and a return on equity of 8.04%. Analysts predict that Honda Motor Co., Ltd. will post 4.14 EPS for the current fiscal year.

About Honda Motor

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.